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Aug 30, 2024 · Transparency has emerged as the watchword of the art market in recent times, as the traditionally opaque practices of the art world are being challenged. The call for greater openness and accountability has come from all sectors of the art world, including artists, collectors, and buyers. At MyArtBroker, we are proud to be championing this ...
Overall, the importance of transparency in the art market cannot be overstated. It is essential for building trust, maintaining integrity, and creating a fair and competitive environment for all participants. By promoting transparency, the art market can enhance its credibility, attract new participants, and ensure its long-term sustainability.
Sep 16, 2016 · Online aggregator Barnebys has just published research showing that transparency online at auction, along with ease of bidding and post-sale fulfilment, is the most important factor in building brand trust and improving sell-through rates. ‘The new generation of buyers and sellers expect all information to be easily at their disposal, without any barriers,’ says Barnebys co-founder Pontus ...
- Ivan Macquisten
Apr 28, 2017 · Things can be no more transparent in art galleries: a plethora of legal cases have shown that buyers often don’t know who is selling and at what price. The billionaire Ronald Perelman attempted ...
Report on the Art Innovators Alliance – 24 September 2019. Trust and transparency go hand in hand, and it was the most hotly debated topic at London’s Art Innovators Alliance debate, moderated by Bernadine Brocker Wieder, Vastari’s Co-founder. Old school approaches clashed with modern sensibilities – a microcosm of what plays out on a ...
Oct 19, 2020 · When we claim that the art market lacks transparency, it would be more accurate to say that it lacks transparency for some people. “Value in the art market—as in most markets—is more ...
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Apr 12, 2023 · Without pricing information, customers may be less likely to make an impulse purchase, as they may not have an immediate sense of the artwork's value. Overall, hiding prices can create a sense of exclusivity and may attract some customers, but it may also deter others who prefer transparency and accessibility in the sales process.
